ASX signs CameronTec for continued FIX-based services
For Immediate Release: Sydney, Monday 23 May 2011: The Australian Stock Exchange (ASX) today announced it will continue to rely on CameronTec’s CameronFIX technology to address its FIX-based market services for clients. ASX has offered its customers the compelling functional and financial benefits of CameronFIX since 2005. The latest agreement with CameronTec was completed in Q2 2011 and is based on CameronTec's licensing subscription model.
Andrew Lennox, General Manager - Markets Technology ASX, says, “ASX is grateful to CameronTec for continuing to provide CameronFIX technology, enabling connectivity between the ASX and its exchange clients. ASX and CameronTec have a longstanding and successful relationship, which has delivered an industry standard FIX format with minimum latency to market participants and information vendors.”
“CameronTec provides an increasing number of exchanges worldwide with FIX technology to support their business requirements,” says Anders Henriksson, CEO, CameronTec. “We are pleased to continue working with the Australian Stock Exchange to power their FIX Infrastructure and provide their clients with the flexibility and performance they require.”
At the core of CameronTec technology is a unique understanding of the FIX world that comes from a concentration of the world’s largest FIX deployments. With a host of industry-firsts, Catalys and CameronFIX technology provide unprecedented levels of flexibility and innovation that firms need to sustainably differentiate in today’s markets.
Meet CameronTec at Upcoming FIX Protocol Events.
CameronTec is next exhibiting at the FIX Protocol’s Asia Pacific Trading Summit in Hong Kong, May 25, and the Canadian Electronic Trading Conference in Toronto, June 9. Visit our stand to learn more about latest FIX innovation and meet our team closest to you.
About CameronTec
CameronTec is the financial industry’s leading provider of FIX infrastructure and connectivity solutions. Its market innovation Catalys takes FIX further and is the new industry reference for FIX ecosystems.
Catalys is based on the industry’s most widely installed FIX engine, CameronFIX. CameronFIX is universally regarded as the reference standard for reliable, mature FIX engine applications. It is the outcome of 14 years continuous investment in performance, scalability, interoperability and robustness. CameronFIX is today used by boutique to larger investment firms, brokerage houses, exchanges and regulators in 25 countries, on all five continents.
With truly dedicated customer service at the core of everything we do, CameronTec has offices in London, New York, Chicago, Stockholm, Paris, Hong Kong and Sydney. CameronTec is an Orc Group Company (SSE: ORC) and Premier Member of the FIX Protocol organization.
About CameronTec Licensing
Standard license agreements follow CameronTec’s licensing subscription model; a flexible approach designed to streamline the customer on boarding process and provide ease of access to software updates, together with a mature support framework. Customers are invoiced quarterly, in advance, and revenue allocated to the invoicing period.
www.camerontec.com
About Orc
Orc is a leading provider of technology and services for the global financial industry. Orc delivers trading and market access solutions that are used by proprietary trading and market making firms, investment banks, hedge funds and brokerage houses worldwide.
Available as deployed software or as managed services, Orc develops and provides the tools needed for running profitable trading and brokerage businesses in today’s competitive and ever-changing markets.
Built on Orc’s in-depth of knowledge of the trading world, Orc Trading and Orc Brokerage solutions offer strong analytics, unmatched market access, high-frequency trading capabilities, automated trading strategies and execution, ultra-low latency and effective risk management.
Complementing the Orc Group’s trading technology solutions, our Neonet business unit offers low-latency brokerage services to professional market participants, with clients in over 25 countries globally. CameronTec, an Orc group company, is the market leader in FIX infrastructure and connectivity solutions.
With market presence in all major global financial centers, Orc provides sales and support services from its offices across the EMEA, Americas and Asia-Pacific regions.
Orc Software is publicly traded on Nasdaq OMX Stockholm (SSE: ORC).
www.orcsoftware.com
For further information contact:
Annie Walsh, Chief Marketing Officer, CameronTec, tel +44 (0)7748 633 445.
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